Teams looking to fill roster spots temporarily are now allowed to add to on 10-day contracts. As noted by ESPN’s Bobby Marks, salaries for 10-day deals are based on a player’s years of service and will be either 10 days or three games, whichever is longer.
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Current teams with open roster spots include the Warriors, Hornets, Pacers, Grizzlies, Heat, Thunder, Sixers, Suns, Raptors and Wizards. Teams are permitted to sign a player to two 10-day pacts, then would have to sign him for the remainder of the season or let him go after the second one expires.
As Keith Smith of Yahoo Sports (Twitter link) notes, luxury tax restrictions may dissaude the Warriors, Heat, Thunder, Raptors, and Wizards from adding a 10-day player. Also, given Monday’s deadline to waive players before salaries become guaranteed, we examined five notable non-guaranteed contract situations that are worthy of monitoring. On Jan. 10, all standard contracts become fully guaranteed.
Additionally, Jan. 15 is the last day teams can sign players to two-way contracts. As it stands, the Celtics, Nets, Knicks and Trail Blazers (two slots) are the only teams with the ability to add two-way players. You can keep track of all two-way deals with our tracker.
As Marks notes, since half the teams with open spots are in the luxury tax and many clubs still have NBA days available for their two-way players, this year’s market for 10-day contracts may be a quiet one.